About MIE HOLDINGS Company

MI Energy Holdings Co., Ltd. (MIE for short) is one of the most important independent upstream oil companies in China, focusing on oil and gas exploration and development. The company was listed on the main board of the Hong Kong Stock Exchange in December 2010, with the stock code 1555.HK. MIE is headquartered in Hong Kong, China. Currently, it has 6 oil and gas production blocks and 4 oil and gas exploration blocks in mainland China, Kazakhstan, and the United States. The total area of oil and gas fields exceeds 4,000 square kilometers. It operates two crude oil product splitting projects in Da'an and Moliqing in Jilin Province within China, and two unconventional natural gas product splitting projects in Linxing and Sanjiao North in Shanxi Province. It operates four production blocks including Aksaz, Dolinnoe, Kariman, and EMIR in Kazakhstan through its wholly-owned subsidiary Emir-Oil, as well as the Adek exploration block. In the US, we operate the Niobrara leaf oil project. After more than ten years of rapid development, MIE has ranked among the international medium-sized oil and gas companies, measured from the perspective of oil and gas reserves and resource volume. According to the independent reserve consulting firm's calculation according to the international standard PRMS, the net present value of MI Energy's “prove+estimate” (2P) net oil and gas reserves after discounting at the end of 2014 reached 4 billion US dollars.